FirmaIQ
Org.nr 947 246 852 2020 → 2021 Year-over-year analysis

3 - BYGGMESTER AS: årsregnskap 2021 vs 2020

Stronger earnings, cash halved-plus

approved 2022-03-22; registry 2022-06-07; journal 2022 335470

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 3 - BYGGMESTER AS. Revenue 20.92m NOK → 20.44m NOK (-2.3%). Net result +2 733 NOK → +503.3k NOK. Equity 4.64m NOK → 5.14m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; cogs moved.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 3 - BYGGMESTER AS.

At a glance

Scorecard

Revenue
20.92m NOK 20.44m NOK
-2.3%
Operating result
+6 224 NOK +647.9k NOK
+10308.9%
Net result
+2 733 NOK +503.3k NOK
+18314.5%
Equity
4.64m NOK 5.14m NOK
+10.9%
Cash
2.49m NOK 400.1k NOK
-83.9%
Total assets
6.19m NOK 7.02m NOK
+13.4%

What improved

  • ↑

    Operating result improved

    Operating result +6 224 NOK → +647.9k NOK (op. margin 0.0% → 3.2%). Calculated

  • ↑

    Net result improved

    Net result +2 733 NOK → +503.3k NOK (net margin 0.0% → 2.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.64m NOK → 5.14m NOK (equity ratio 74.9% → 73.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.27m NOK → 2.98m NOK (30% → 15% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 20.92m NOK to 20.44m NOK (-2.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 2.49m NOK → 400.1k NOK (-83.9% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 4 NOK → 15.25m NOK (+381244525.0% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.49m NOK → 400.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation